$XLV - HEALTHCARE ETF -
Added 2024-04-22 11:58:36 +0000 UTC$XLV is back in the consolidated range after not holding the retest of the blue line at $143.
However, I am not seeing signs to be concerned just yet, the pull back needs to make a higher low and the 200 Day MA is at a very interesting spot now which makes it a confluence level at the 0.5 Fib at $135.
A hold here and this pull back is very healthy.
$UNH showed us signs of what the market thinks of the healthcare sector last week....it might be a signal to watch this closely.
Comments
How are you feeling about this now that we’ve held and pushed higher?
Jesse Barba
2024-05-15 16:41:59 +0000 UTC
